Covestro (1COV.F) - Cash on Hand

Cash on Hand as of June 2024 : S$1.17 Billion

According to Covestro's latest financial reports the company has S$1.17 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Covestro - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$0.93 B	-46.16%
2022-12-31	S$1.72 B	58.25%
2021-12-31	S$1.09 B	-69.11%
2020-12-31	S$3.53 B	213.29%
2019-12-31	S$1.12 B	-16.44%
2018-12-31	S$1.35 B	-31.62%
2017-12-31	S$1.97 B	386.42%
2016-12-31	S$0.40 B	-59.06%
2015-12-31	S$0.99 B	207.4%
2014-12-31	S$0.32 B	-68.33%
2013-12-31	S$1.02 B	1333.2%
2012-12-31	S$71.17 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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